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With 8m Americans out of work, why are more companies not filling jobs? - Newspaper


As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labour.
Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he’d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews.
At the same time, the US economy is down more than 8 million jobs since before the pandemic, and Federal Reserve (Fed) officials say the true unemployment rate is closer to 10 per cent than the 5.8pc the government report shows. ....

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With 8 mil Americans out of work, why are more companies not filling jobs?


With 8 mil Americans out of work, why are more companies not filling jobs?
May 10
05:15 am JST
May 10 | 06:37 am JST
SAN FRANCISCO/WASHINGTON
As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor.
Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews. ....

United States , Andrew Hall , White House , District Of Columbia , Jerome Powell , Loretta Mester , Nela Richardson , Matthew Luzzetti , Karine Jean Pierre , Alex Washut , Jimmy Nigg , Labor Department On , Deutsche Bank , Federal Reserve , A National Federation Of Independent Business , Howard University , Labor Department , National Federation , Independent Business , World War Two , Cleveland Fed President Loretta Mester , Chair Jerome Powell , Bill Spriggs , South Philadelphia , Knead Hospitality , Monkey Barrel Bar ,

With 8 million Americans out of work, why are more companies not filling jobs?


With 8 million Americans out of work, why are more companies not filling jobs?
05/07/2021 | 09:04pm EDT
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By Ann Saphir and Lucia Mutikani
SAN FRANCISCO/WASHINGTON (Reuters) - As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor.
Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews. ....

United States , New York , Andrew Hall , White House , District Of Columbia , Dan Grebler , Dan Burns , David Brunnstrom , Merdie Nzanga , Jonnelle Marte , Alex Washut , Loretta Mester , Jerome Powell , Nela Richardson , Matthew Luzzetti , Ann Saphir , Howard Schneider , Karine Jean Pierre , Jimmy Nigg , Lucia Mutikani , Labor Department On , Deutsche Bank , Federal Reserve , A National Federation Of Independent Business , Howard University , Labor Department ,

With 8 mln Americans out of work, why are more companies not filling jobs?


Publishing date: May 07, 2021  •  6 hours ago  •  5 minute read  • 
Article content
SAN FRANCISCO/WASHINGTON As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor.
Take Alex Washut. In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he’d need to hire 20 new cooks, servers, dishwashers and other staff by May. He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews. ....

United States , New York , Andrew Hall , White House , District Of Columbia , Dan Grebler , Dan Burns , David Brunnstrom , Merdie Nzanga , Jonnelle Marte , Alex Washut , Loretta Mester , Jerome Powell , Nela Richardson , Matthew Luzzetti , Ann Saphir , Howard Schneider , Karine Jean Pierre , Jimmy Nigg , Lucia Mutikani , Postmedia Network Inc , Labor Department On , Deutsche Bank , Federal Reserve , A National Federation Of Independent Business , Howard University ,